RBI tools gate run

Exercise and reference answers

Questions

1. Correct

   CRR

   Choices

   1. CRR
   2. Barter
   3. Cheque

2. Correct

   Bank rate

   Choices

   1. Gold ring
   2. Bank rate
   3. Time deposit

3. Correct

   Open market op

   Choices

   1. Fiat note
   2. Savings
   3. Open market op

4. Correct

   Repo

   Choices

   1. Repo
   2. Barter
   3. Cheque

5. Correct

   Reverse repo

   Choices

   1. Store of value
   2. Reverse repo
   3. Legal tender

Instructions

Swipe into the gate naming a money-supply tool of the RBI.

Explanation